SAP SE (SAP)

SAP SE, founded in 1972 and headquartered in Walldorf, Germany, is a global enterprise software company that employed more than 110,000 people at the end of 2025 and whose ordinary shares are listed on the Frankfurt Stock Exchange, with ADRs on the NYSE. The SAP Group comprised 216 companies at year-end 2025, with major subsidiaries across Germany, the rest of EMEA, the United States, the rest of the Americas, Japan and the rest of Asia Pacific Japan. SAP offers integrated cloud applications that connect business-critical operations such as finance, procurement, HR, supply chain and customer experience into an intelligent suite on a digital cloud platform.

Its AI-First, Suite-First strategy embeds AI in every application and process through Joule (the AI user experience layer) and Joule Agents, which autonomously plan and execute workflows, and through SAP Data Cloud, a managed SaaS data platform that includes SAP Datasphere, SAP Analytics Cloud, SAP Databricks and data products. SAP Business Technology Platform (SAP BTP), with SAP Build and SAP Integration Suite, provides the foundation for development, extension and integration. The portfolio covers Cloud ERP; financial management, including SAP Taulia; spend management, including SAP Ariba, SAP Concur and SAP Fieldglass; supply chain management; human capital management through SAP SuccessFactors, now including the acquired SmartRecruiters talent acquisition platform; SAP Customer Experience; transformation management through SAP Signavio, SAP LeanIX and WalkMe; and sustainability management.

Customers move to the suite through RISE with SAP, aimed at installed-base customers migrating from legacy ERP, and SAP GROW, aimed at new customers ranging from companies with revenues under €50 million to those above €1 billion. SAP also offers sovereign cloud options for governments and regulated industries. Revenue comes mainly from cloud subscription fees, with significant contributions from software licenses, on-premise support, consulting, development, training and other services.

Services and support include SAP Enterprise Support, success plans, SAP MaxAttention, SAP ActiveAttention, cloud application services and learning programs. A global partner ecosystem helps sell, implement and extend its solutions, and 2025 partnerships included Accenture, Perplexity, Palantir, Alibaba, ADP, OpenAI and AWS. SAP also supports startups through the venture funds managed by Sapphire Ventures, which manages more than US$11 billion.